Showing 109 to 120 of 200 results
Baywa Appoints New Leadership to Oversee Restructuring After €641 Million Loss
Germany's largest agricultural trader, Baywa AG, appointed Frank Hiller as CEO and Matthias Rapp as CFO to lead a multi-year restructuring plan involving 1300 job cuts and asset divestments after reporting a €641 million net loss in the first nine months of 2024; both start this weekend.
Baywa Appoints New Leadership to Oversee Restructuring After €641 Million Loss
Germany's largest agricultural trader, Baywa AG, appointed Frank Hiller as CEO and Matthias Rapp as CFO to lead a multi-year restructuring plan involving 1300 job cuts and asset divestments after reporting a €641 million net loss in the first nine months of 2024; both start this weekend.
Progress
44% Bias Score
USAID to Lay Off 1,600 Employees, Place Most Staff on Leave
The USAID will lay off 1,600 US-based employees and place the majority of its remaining staff on administrative leave starting February 23, 2025, as part of a government-wide reform aimed at reducing its global workforce by 97%, following accusations of fraud and corruption by President Trump.
USAID to Lay Off 1,600 Employees, Place Most Staff on Leave
The USAID will lay off 1,600 US-based employees and place the majority of its remaining staff on administrative leave starting February 23, 2025, as part of a government-wide reform aimed at reducing its global workforce by 97%, following accusations of fraud and corruption by President Trump.
Progress
52% Bias Score
MSNBC Overhauls Primetime Lineup Amidst Comcast Spin-off
MSNBC plans a primetime shakeup, canceling Joy Reid's "The ReidOut" and potentially Alex Wagner's show, with new president Rebecca Kutler installing Symone Sanders Townsend, Michael Steele, and Alicia Mendendez at 7 p.m. and possibly Jen Psaki at 9 p.m. as part of a larger restructuring tied to Comc...
MSNBC Overhauls Primetime Lineup Amidst Comcast Spin-off
MSNBC plans a primetime shakeup, canceling Joy Reid's "The ReidOut" and potentially Alex Wagner's show, with new president Rebecca Kutler installing Symone Sanders Townsend, Michael Steele, and Alicia Mendendez at 7 p.m. and possibly Jen Psaki at 9 p.m. as part of a larger restructuring tied to Comc...
Progress
40% Bias Score
HSBC Beats Profit Estimates, Announces Restructuring and Share Buyback
HSBC reported a $32.3 billion pre-tax profit for 2024, exceeding estimates, driven by strong performance in wealth and markets, and announced a $2 billion share buyback and significant cost-cutting initiatives under new CEO Georges Elhedery's restructuring plan focused on Asia.
HSBC Beats Profit Estimates, Announces Restructuring and Share Buyback
HSBC reported a $32.3 billion pre-tax profit for 2024, exceeding estimates, driven by strong performance in wealth and markets, and announced a $2 billion share buyback and significant cost-cutting initiatives under new CEO Georges Elhedery's restructuring plan focused on Asia.
Progress
24% Bias Score
HSBC Revises Climate Target to 2050 Amidst Cost-Cutting and Restructuring
HSBC, Britain's largest bank, abandoned its 2030 net-zero carbon emissions target, revising it to 2050, while announcing £1.4 billion in cost-cutting measures including job losses and a focus on Asian markets, following the departure of its chief sustainability officer.
HSBC Revises Climate Target to 2050 Amidst Cost-Cutting and Restructuring
HSBC, Britain's largest bank, abandoned its 2030 net-zero carbon emissions target, revising it to 2050, while announcing £1.4 billion in cost-cutting measures including job losses and a focus on Asian markets, following the departure of its chief sustainability officer.
Progress
40% Bias Score
Continental Cuts 3000 R&D Jobs Amid Restructuring
Continental, a German automotive supplier, announced it will cut 3000 jobs in its Automotive division's global R&D by the end of 2024 to improve competitiveness and reduce R&D costs, part of a broader restructuring plan ahead of a planned spin-off of the division.
Continental Cuts 3000 R&D Jobs Amid Restructuring
Continental, a German automotive supplier, announced it will cut 3000 jobs in its Automotive division's global R&D by the end of 2024 to improve competitiveness and reduce R&D costs, part of a broader restructuring plan ahead of a planned spin-off of the division.
Progress
44% Bias Score
MSNBC Overhauls Primetime Lineup, Cancels "The ReidOut" Amid SpinCo Transition
MSNBC announced a primetime lineup overhaul in April, including Joy Reid's departure, the cancellation of "The ReidOut," and the closure of its Miami operations, shifting production to New York and Washington D.C. The changes follow a recent viewership increase and the network's transition to an ind...
MSNBC Overhauls Primetime Lineup, Cancels "The ReidOut" Amid SpinCo Transition
MSNBC announced a primetime lineup overhaul in April, including Joy Reid's departure, the cancellation of "The ReidOut," and the closure of its Miami operations, shifting production to New York and Washington D.C. The changes follow a recent viewership increase and the network's transition to an ind...
Progress
36% Bias Score
Starbucks to Lay Off 1,000 Workers, Cut Menu Items Amid Sales Decline
Starbucks announced Monday it will lay off over 1,000 corporate workers and cut 30% of its menu to reverse declining sales and revamp the coffee chain; the company's sales have been down for four straight quarters and hundreds of its stores have voted to unionize.
Starbucks to Lay Off 1,000 Workers, Cut Menu Items Amid Sales Decline
Starbucks announced Monday it will lay off over 1,000 corporate workers and cut 30% of its menu to reverse declining sales and revamp the coffee chain; the company's sales have been down for four straight quarters and hundreds of its stores have voted to unionize.
Progress
44% Bias Score
Anglo American Devalues De Beers by $2.9 Billion Amidst Industry Downturn
Anglo American is devaluing its diamond subsidiary De Beers by $2.9 billion, adding to a previous $1.6 billion devaluation, due to decreased Chinese demand and competition from lab-grown diamonds; the company plans to exit De Beers by year's end, resulting in a $3.1 billion loss in 2024.
Anglo American Devalues De Beers by $2.9 Billion Amidst Industry Downturn
Anglo American is devaluing its diamond subsidiary De Beers by $2.9 billion, adding to a previous $1.6 billion devaluation, due to decreased Chinese demand and competition from lab-grown diamonds; the company plans to exit De Beers by year's end, resulting in a $3.1 billion loss in 2024.
Progress
48% Bias Score
HSBC Exceeds Profit Targets, Announces Restructuring
HSBC reported a \$32.3 billion pre-tax profit for 2024, exceeding expectations, driven by growth in wealth and markets divisions. CEO Georges Elhedery is implementing a restructuring plan with \$1.5 billion annual cost cuts by 2026 and a \$2 billion share buyback.
HSBC Exceeds Profit Targets, Announces Restructuring
HSBC reported a \$32.3 billion pre-tax profit for 2024, exceeding expectations, driven by growth in wealth and markets divisions. CEO Georges Elhedery is implementing a restructuring plan with \$1.5 billion annual cost cuts by 2026 and a \$2 billion share buyback.
Progress
28% Bias Score
Woolworths Announces Restructuring, Leading to Job Losses
Woolworths, Australia's largest supermarket chain, is undertaking a major restructuring, resulting in unspecified but 'not significant' redundancies among its 10,000 office-based staff to improve efficiency and customer focus, following a new mandate requiring at least three days a week in-office wo...
Woolworths Announces Restructuring, Leading to Job Losses
Woolworths, Australia's largest supermarket chain, is undertaking a major restructuring, resulting in unspecified but 'not significant' redundancies among its 10,000 office-based staff to improve efficiency and customer focus, following a new mandate requiring at least three days a week in-office wo...
Progress
40% Bias Score
Northvolt Sells Profitable Industrial Battery Unit to Scania
Northvolt, a Swedish electric battery maker, sold its profitable Northvolt Systems Industrial unit to Scania, a key customer, for an undisclosed sum; the unit makes battery packs for heavy industry and is based in Gdansk, Poland.
Northvolt Sells Profitable Industrial Battery Unit to Scania
Northvolt, a Swedish electric battery maker, sold its profitable Northvolt Systems Industrial unit to Scania, a key customer, for an undisclosed sum; the unit makes battery packs for heavy industry and is based in Gdansk, Poland.
Progress
44% Bias Score
Showing 109 to 120 of 200 results